Pepper prices on March 14, 2025: Domestic market continues to rise

Pepper prices on March 14 globally

Globally, pepper prices have rebounded in Indonesia as of March 14.

Specifically, the price of black pepper Lampung in Indonesia rose slightly by 0.15% to $ 7,265/ton, while white pepper Muntok also increased by 0.15% to $ 10,252/ton.

In Malaysia, Kuching ASTA black pepper is priced at $ 9,800/ton, while ASTA white pepper has reached $ 12,300/ton.

In Brazil, ASTA 570 black pepper is trading at around $ 6,900/ton.

Meanwhile, in Vietnam, export black pepper prices have decreased across the board, with the 500 g/l variety trading at $ 7,000/ton and the 550 g/l variety at $ 7,200/ton. Similarly, the export price of white pepper is currently at $ 10,000/ton.

Today, global pepper prices have increased slightly in Indonesia but remained stable in other major producing countries.

This amounted to a value of $137.8 million, reflecting a 43.6% increase in volume and an 80.6% increase in value compared to 2023.

Germany also imported pepper from 51 non-EU markets in 2024, with Vietnam being the largest supplier, accounting for 63.2% by volume and 60.8% by value. This represents an increase from the 53.6% in volume and 49.9% in value in 2023.

Thus, global pepper prices on March 14, 2025, have shown little change compared to yesterday.

Pepper prices on March 14 domestically

In the domestic market, pepper prices continued to rise on March 14 compared to yesterday.

Specifically, in Dak Lak, prices have reached VND 161,000/kg, an increase of VND 500.

In Dak Nong, prices have remained steady at VND 161,000/kg.

In Gia Lai, prices have increased slightly by VND 500, reaching VND 159,000/kg.

Traders in Dong Nai are still buying pepper at VND 160,000/kg, an increase of VND 1,000.

Prices in Ba Ria - Vung Tau have also increased by VND 1,000, reaching VND 160,000/kg.

Similarly, traders in Binh Phuoc have been transacting at VND 160,000/kg.

Thus, the domestic pepper prices on March 14, 2025, are trading around VND 159,000 - 161,000/kg.

$ 1 = VND 25.320 - Source: Vietcombank.